Key Points I think the megacap technology businesses — otherwise known as the “Magnificent Seven” — are fantastic businesses. These include Nvidia, Tesla, Alphabet, Apple, Microsoft, and Meta Platforms. But it is the seventh member of the Magnificent Seven, I think, that has the best chance to double by the end of 2028: Amazon (NASDAQ: … Read more
Cathie Wood Sold Palantir and AMD, Then Poured $3.35 Million Into Archer Aviation. Is ARK Betting Big on Flying Taxis?
The whipping post
Key Points Cathie Wood’s Ark Innovation ETF recently sold shares of Palantir and AMD and bought shares of Archer Aviation. Palantir and AMD are still bigger portfolio positions for Wood’s flagship fund, but the increased bet on Archer is still notable. Archer Aviation stock is down big this year even as the company has made … Read more
If You'd Invested $1,000 in Nvidia's 1999 IPO, Here's How Much You'd Have Today
The whipping post
Key Points Nvidia (NASDAQ: NVDA) is one of the most successful stocks in history. Since launching its IPO in 1999, the stock has earned unprecedented returns, especially considering the 27-year time frame. So high are the gains that an investment of $1,000 at that time would deliver millions. Image source: The Motley Fool. Missed AI’s … Read more
A $100 Monthly Investment in QQQ Could Grow Into This Over 20 Years
Key Points If the past decade’s performance continues over the following 20 years, Invesco QQQ Trust investors will capture a fantastic 20.4% annualized average return. Artificial intelligence, mobile computing, and cloud computing are key secular trends that have propelled the three leading stocks in this portfolio. The possibility of slower earnings growth for this ETF’s … Read more
1 Tech Stock That's Too Good to Pass On as We Approach the Fourth Quarter
Key Points Google Search continues to grow despite the growing use of AI chatbot tools like Gemini and ChatGPT. Google Cloud’s backlog grew to $514 billion at the end of the second quarter. Alphabet’s stock is the cheapest of the “Magnificent Seven” stocks when comparing price to projected earnings. 10 stocks we like better than … Read more